UBS Group AG (NYSE:UBS) Shares Acquired by Deuterium Capital Management LLC

Deuterium Capital Management LLC lifted its stake in shares of UBS Group AG (NYSE:UBSFree Report) by 55.1% during the first quarter, Holdings Channel.com reports. The fund owned 26,180 shares of the bank’s stock after purchasing an additional 9,301 shares during the period. Deuterium Capital Management LLC’s holdings in UBS Group were worth $505,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in UBS. Allworth Financial LP lifted its holdings in shares of UBS Group by 192.6% in the first quarter. Allworth Financial LP now owns 1,814 shares of the bank’s stock valued at $39,000 after buying an additional 1,194 shares during the period. Belpointe Asset Management LLC acquired a new position in shares of UBS Group in the 4th quarter valued at $41,000. Ameritas Advisory Services LLC purchased a new position in UBS Group in the 1st quarter worth about $41,000. First Manhattan Co. purchased a new stake in UBS Group during the fourth quarter valued at about $47,000. Finally, UMB Bank n.a. grew its position in UBS Group by 120.3% during the 1st quarter. UMB Bank n.a. now owns 2,238 shares of the bank’s stock worth $48,000 after purchasing an additional 1,222 shares in the last quarter. Institutional investors own 36.44% of the company’s stock.

UBS Group Trading Down 1.1 %

NYSE UBS traded down $0.28 during trading on Friday, reaching $25.46. The company’s stock had a trading volume of 865,616 shares, compared to its average volume of 3,591,866. The business has a 50-day moving average price of $22.60 and a 200-day moving average price of $21.08. UBS Group AG has a 1-year low of $13.80 and a 1-year high of $26.97. The company has a debt-to-equity ratio of 4.06, a current ratio of 1.08 and a quick ratio of 0.98.

Wall Street Analyst Weigh In

Several analysts have recently commented on UBS shares. Morgan Stanley started coverage on UBS Group in a research report on Tuesday, June 27th. They issued an “equal weight” rating for the company. StockNews.com began coverage on UBS Group in a report on Thursday, August 17th. They issued a “hold” rating on the stock. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, UBS Group has a consensus rating of “Hold” and an average price target of $20.59.

Read Our Latest Stock Report on UBS Group

UBS Group Company Profile

(Free Report)

UBS Group AG provides financial advice and solutions to private, institutional, and corporate clients worldwide. It operates through four divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management, and Investment Bank. The Global Wealth Management division offers investment advice and solutions, and lending solutions.

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Institutional Ownership by Quarter for UBS Group (NYSE:UBS)

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